When you hear the word “auction,” what likely comes to mind is the process of buying items through bidding to secure them at the highest price.

In reality, at an auction house, you’re not limited to being a buyer—you can also consign items for sale.

One such place is the IBID auction house, a subsidiary of PT Serasi Autoraya (SERA), which is also part of the Astra Group. IBID is an official auction house that has been operating since 2007 and is registered with the Directorate General of State Assets (DJKN).

Through IBID’s consignment service, you can list various types of items for sale, ranging from cars, motorcycles, gadgets, heavy equipment, to real estate.

Interestingly, every item sold at IBID undergoes an inspection first. The inspection results serve as a reference for determining the recommended base price, ensuring a more competitive selling price.

However, before using IBID’s consignment service, here are a few types you should know about so you won’t be confused when you’re ready to sell your items.

IBID Consignment Service by Auction Category

Based on the items, IBID’s consignment services are divided into two categories: automotive and non-automotive.

Automotive Consignment

Automotive consignment is specifically for those who want to sell used vehicles, such as cars or motorcycles.

For cars, the items available for auction are quite diverse, ranging from conventional cars, electric cars, and hybrids to commercial vehicles.

As for motorcycles, the options include scooters, mopeds, sport bikes, electric bikes, three-wheelers, and other types.

Before entering the auction process, the vehicle will first be inspected by the Astra Car Valuation (ACV) team. The inspection results will serve as the basis for price recommendations.

In addition, the inspection results are presented transparently, allowing potential buyers to understand the condition of their desired vehicle in detail.

Non-Automotive Consignment Sales

IBID offers consignment sales not only for vehicles but also for various non-automotive items. This category includes lifestyle products, heavy equipment (heavy equipment), scrap, and real estate.

Lifestyle products eligible for auction include gadgets, electronics, household appliances, hobby equipment, and various other items.

IBID Consignment Sales Based on Auction Processes

In addition to being categorized by item type, IBID’s consignment sales are also distinguished by their auction mechanisms: regular consignment and exclusive consignment.

Regular Consignment

For regular consignment, you simply need to bring the item to an IBID branch to undergo an inspection before participating in the auction.

The auction method used will be tailored to the type of item. For example, car and motorcycle auctions use the Live Auction method, which is an auction held in person at an IBID branch.

Meanwhile, for lifestyle, heavy equipment, and real estate auctions, the Timed Auction method is used—a timed auction that lasts 1–3 days.

For scrap auctions, the method used is the Closed Auction.

Exclusive Consignment

Exclusive consignment is currently limited to used cars only. Specifically in the Jakarta area, the auction process can still be conducted without having to bring the vehicle to an IBID pool or branch location.

The auction method used is the Flash Auction. This method allows auction items to sell more quickly.

That’s because, 15 minutes before the auction begins, the IBID team will conduct a live stream to show the condition of the vehicle up for auction in real time.

How to List an Item for Sale on IBID

The consignment process at IBID can be conveniently handled via your smartphone. However, make sure you already have an IBID account to use this service. Here are the steps.

• Log in via the website or the IBID app
• Fill out the form according to the type of consignment (for example, if you want to sell a used car, fill out the automotive consignment form)
• Select your preferred location and inspection schedule
• The IBID team will then contact you to confirm the auction item and inspection schedule within 2 × 24 hours on business days
• After the inspection is complete, IBID will provide a recommended base price
• Fill out the cooperation agreement form
• If the consigned car or item is successfully sold, the IBID team will confirm the payment
• Funds will be disbursed to your registered account within 2 business days after full payment

Please note that successfully sold auction items will be subject to a special auction fee in accordance with IBID’s applicable terms and conditions.

Why Should You Consign Your Items for Sale at IBID?

So, are you familiar with the types of consignment sales available at IBID? Choose the category and auction method that best suit the item you wish to sell to ensure a smoother and more effective process.

IBID is one of the business units of PT Serasi Autoraya (SERA) operating in the auction industry for automotive, electronics, scrap, heavy equipment, gadgets, and lifestyle items.

To experience the ease of buying and selling used cars on IBID, try the process directly via the website www.ibid.astra.co.id or the app available on the Play Store and App Store.

Currently, the range of auction categories on IBID is expanding to include real estate. So, whether you’re a seller or a buyer, you can feel safer and more at ease.

Don’t forget to follow IBID’s official Instagram account @ibid_balailelangserasi to get the latest auction updates and other interesting tips.